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Northern Spirits (BOM:542628) Gross Profit : ₹1,159 Mil (TTM As of Mar. 2024)


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What is Northern Spirits Gross Profit?

Northern Spirits's gross profit for the six months ended in Mar. 2024 was ₹732 Mil. Northern Spirits's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,159 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Northern Spirits's gross profit for the six months ended in Mar. 2024 was ₹732 Mil. Northern Spirits's Revenue for the six months ended in Mar. 2024 was ₹6,386 Mil. Therefore, Northern Spirits's Gross Margin % for the quarter that ended in Mar. 2024 was 11.46%.

Northern Spirits had a gross margin of 11.46% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 11 years, the highest Gross Margin % of Northern Spirits was 38.79%. The lowest was 9.38%. And the median was 18.95%.

Warning Sign:

Northern Spirits Ltd gross margin has been in long-term decline. The average rate of decline per year is -21.2%.


Northern Spirits Gross Profit Historical Data

The historical data trend for Northern Spirits's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Northern Spirits Gross Profit Chart

Northern Spirits Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 339.80 295.55 481.89 912.04 1,159.31

Northern Spirits Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 277.59 634.64 277.40 427.59 731.73

Competitive Comparison of Northern Spirits's Gross Profit

For the Beverages - Wineries & Distilleries subindustry, Northern Spirits's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northern Spirits's Gross Profit Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Northern Spirits's Gross Profit distribution charts can be found below:

* The bar in red indicates where Northern Spirits's Gross Profit falls into.



Northern Spirits Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Northern Spirits's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=12353.058 - 11193.746
=1,159

Northern Spirits's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=6386.28 - 5654.553
=732

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹1,159 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Northern Spirits's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=732 / 6386.28
=11.46 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Northern Spirits  (BOM:542628) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Northern Spirits had a gross margin of 11.46% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Northern Spirits Gross Profit Related Terms

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Northern Spirits (BOM:542628) Business Description

Traded in Other Exchanges
N/A
Address
5-A, Woodburn Park Road, Unit 603, 6th Floor, Woodburn Central, Kolkata, WB, IND, 700020
Northern Spirits Ltd is involved in the import and distribution of wine and spirit business. It offers Whisky, Vodka, GIN, Red and white wine, Beer, tequila, Shepherd Neame Beer, Amigos Beer, Carlo Rossi California Wines, Tomich Australian Wines, Cooper's Australian Beer, West Cork Irish Whiskey, Two Tree Gin, Reddot Wheat Beer, Aqua Riva Mexican Tequila and Organika Russian Vodka.

Northern Spirits (BOM:542628) Headlines

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